Moreover, bearish persistence below 1.3270 (Fibonacci Expansion 100%) and 1.3075 (significant Support) is needed to maintain enough bearish pressure to expose the next support level around 1.2910, and 1.2750 where long-term buy entries should be considered.

Trading recommendations:

A good sell entry was suggested around the levels of 1.3400-1.3450 (Fibonacci Expansion 141% levels). T/P levels were achieved at 1.3300,1.3220, and 1.3050.

On the other hand, conservative traders should wait for more bearish pullback towards the recent breakout zone (1.2800-1.2750) for a valid buy entry as the breakout level acts as a strong support level.

S/L should be located below the level of 1.2700. T/P levels should be located at 1.2850 and 1.2900.